Combined Onecom and Olive eye £140m annual turnover
16 February 2021 | Melanie Mingas UK-based Onecom has acquired Olive Communication, creating a service provider that is on track to generate annual turnover of more than £140m.
Onecom said Olive Communications was its closest rival and that the two merging creates the largest business-to-business mobile, fixed-line and cloud specialist in the UK . It is Onecom s third acquisition since 2019.
With their activities combined Onecom and Olive will provide services to more than 500,000 corporate and business end users this year.
Darren Ridge, non-executive director of Onecom Group said: “I’m really proud of all that we have achieved so far at Onecom in leading the market to deliver exceptional service to our customers and forming strong relationships with key partners.